Nigerian banks’ balance sheets may weaken, IMF warns

’Femi Asu The International Monetary Fund has said the directive from the Central Bank of Nigeria that deposit money banks should achieve a minimum loan-to-deposit ratio could weaken their balance sheets. The CBN, in a circular dated July 3, 2019, mandated all DMBs to maintain a minimum loan-to-deposit ratio of 60 per cent by September
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Added November 30, 2019
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